TechnipFMC PLC (FTI)
Inventory turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 7,315,400 | 6,483,200 | 5,804,100 | 5,579,600 | 5,835,800 |
| Inventory | US$ in thousands | 1,193,600 | 1,189,800 | 1,039,700 | 1,031,900 | 1,349,100 |
| Inventory turnover | 6.13 | 5.45 | 5.58 | 5.41 | 4.33 |
December 31, 2024 calculation
Inventory turnover = Cost of revenue ÷ Inventory
= $7,315,400K ÷ $1,193,600K
= 6.13